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WEKU
Sequoia Carrillo

The Public Service Loan Forgiveness program just got more flexible

Public Service Loan Forgiveness United States Education Department Education Joe Biden Miguel Cardona
President Joe Biden speaks on the student debt relief plan as Secretary of Education Miguel Cardona listens in the Eisenhower Executive Office Building on Oct. 17, 2022, in Washington, D.C. (Alex Wong/Getty Images)

The U.S. Department of Education is planning to make several key changes to a long-troubled student loan forgiveness program for public servants, the department announced Tuesday.

The program, Public Service Loan Forgiveness or PSLF, was mismanaged for over a decade resulting in forgiveness for only a small portion of qualifying borrowers.

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